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eCommerce

  • Survey: 88% of retailers plan Cyber Monday specials

    Washington - Retailers have big  plans for Cyber Monday (the Monday after Thanksgiving), according to Shop.org’s eHoliday Survey, conducted by BIGresearch. Nearly nine in ten (88.2%) retailers will have a special promotion for Cyber Monday, up from  72.2% in 2007.

  • Destination Maternity Q4 profit triples

    Philadelphia -- Destination Maternity said its fourth-quarter net income tripled as cost-cutting measures paid off, even as sales in some categories fell.

    The company earned almost $4.3 million for the quarter that ended Sept. 30, up from $1.4 million during the same period last year. Revenue rose slightly to $124.3 million, from $123.8 million a year earlier. Same-store sales fell 2.3%.

  • NBA Store in Manhattan to close due to rising rent

    New York City -- The NBA Store on Fifth Avenue in Manhattan will close in late February, due to rising rent. The company said it is looking for a new location in the city.

  • Dick’s, Orvis, REI and more to open at Westchester’s Ridge Hill

    New York City -- Forest City Ratner Cos., a subsidiary of Cleveland-based Forest City Enterprises, announced Thursday that Dick's Sporting Goods, Orvis and REI, along with three national restaurant chains making their New York debuts, have join the growing tenant line-up at Westchester's Ridge Hill.

  • Hibbett profit soars on strong same-store sales

    Birmingham, Ala. -- Hibbett Sports said Friday its third-quarter profit jumped 43% as it posted another quarter of double-digit growth in same-store sales revenue. It also boosted its forecast for the year.

    The company reported net income of $12.6 million in the three months that ended Oct. 30, up from $8.8 million a year ago.

    Revenue rose nearly 15% to $167.4 million, from $145.9 million a year ago. Same-store sales rose 12.5%.

  • Report: Microsoft looking to open more stores

    New York City -- Microsoft on Thursday opened a store in Bellevue, Wash., close to its headquarters in Redmond.

    It is the company’s seventh store to date, but more expected, according to the Wall Street Journal. The company expects a “pretty aggressive roll-out schedule” of new stores next year, the report said.

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